News headlines about Atlas Financial (NASDAQ:AFH) have trended somewhat positive on Friday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlas Financial earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 44.4019086324316 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Atlas Financial (NASDAQ:AFH) traded down $0.05 during trading hours on Friday, reaching $19.65. 1,512 shares of the company’s stock were exchanged, compared to its average volume of 29,810. Atlas Financial has a 12-month low of $12.15 and a 12-month high of $21.50. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17. The company has a market cap of $241.22 and a price-to-earnings ratio of 140.01.
Atlas Financial (NASDAQ:AFH) last issued its quarterly earnings data on Monday, November 6th. The insurance provider reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.21. Atlas Financial had a net margin of 0.92% and a negative return on equity of 2.57%. analysts expect that Atlas Financial will post 1.18 EPS for the current year.
A number of brokerages recently issued reports on AFH. BidaskClub upgraded shares of Atlas Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, January 24th. Zacks Investment Research cut shares of Atlas Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 10th. ValuEngine upgraded shares of Atlas Financial from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Boenning Scattergood reiterated a “buy” rating on shares of Atlas Financial in a research report on Tuesday, November 7th. Finally, Sandler O’Neill reissued a “buy” rating and set a $24.00 price objective on shares of Atlas Financial in a report on Wednesday, January 10th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Atlas Financial currently has an average rating of “Buy” and a consensus price target of $20.75.
In other news, insider Leslie Dimaggio sold 5,503 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $20.31, for a total value of $111,765.93. Following the transaction, the insider now owns 82,182 shares of the company’s stock, valued at approximately $1,669,116.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joseph Raymond Shugrue sold 1,676 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $20.12, for a total transaction of $33,721.12. Following the completion of the transaction, the director now directly owns 81,765 shares in the company, valued at approximately $1,645,111.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 179,029 shares of company stock worth $3,549,810. Insiders own 13.30% of the company’s stock.
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Atlas Financial Company Profile
Atlas Financial Holdings Inc formerly JJR VI Acquisition Corp is a Canada-based company. It is engaged in the business of providing commercial automobile insurance in the United States with a niche market orientation. The Company’s automobile insurance products provide coverage in three areas: liability, accident benefits and physical damage.
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